What is Network Security Appliance Market Scope?
The increasing cyber-attacks, as well as cybercrimes, will help to boost the global Network Security Appliance market in the forecasted period. Network security appliances are defined as a set of network management and security tools that are installed on-site by major organizations in order to prevent unauthorized access to the networks and ensure data security.
The Network Security Appliance market study is being classified by Type (Firewall, Unified Threat Management (UTM), Intrusion Detection and Prevention (IDP), Content Management (Web and Messaging) and Virtual Private Network (VPN)), by Application (Government Organizations, SMEs and Large Organisation) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Network Security Appliance market throughout the predicted period.
Check Point Software Technologies (Isreal), Fortinet (United States), Jupiter Network (United States), Hewlett-Packard Enterprise (United States), Siemens (Germany), Cisco (United States), Palo Alto Networks (United States), Samsung Techwin (South Korea) and McAfee (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Network Security Appliance market by Type, Application and Region.
On the basis of geography, the market of Network Security Appliance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
On 29th April 2021, Fortinet®, a global leader in broad, integrated, and automated cybersecurity solutions, today announced the new FortiGate 7121F and FortiExtender 511F-5G to further secure and accelerate 5G adoption. Powered by Fortinet’s proprietary SPU ASICs, the FortiGate 7121F delivers the highest-performing security necessary for 5G networks and enterprise Zero Trust Access, while FortiExtender 511F-5G provides wireless WAN connectivity for SD-WAN and SASE solutions.
Influencing Market Trend
- The growing vulnerabilities
- The implementation of bring-your-own-device and adoption of advances in technology
Market Drivers
- The increasing cyber-attacks as well as cybercrimes
- The Boosting cyber-crime
Opportunities
- The opportunities that expanded the network security appliance market are the growing business worldwide which is becoming smaller with digital networks.
Restraints
- Technological Complexities associated with Network Security Appliance
Challenges
- The concern related to budget constraints in the enterprises
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
Customization available in this Study:
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